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Bloomberg: Gold Investor Index Hits 6-Month High

LONDON, 4 December 2012 - BullionVault's latest Gold Investor Index - which shows the level of private investor buying and selling in the physical gold market - is today reported by Bloomberg, the international newswire and data provider.

"The gauge rose to 56.5 from 56 in October," says Bloomberg, "climbing for a fourth consecutive month. A reading above 50 means more buyers than sellers."

Noting that BullionVault users now own more than 1 million ounces of gold between them, the newswire also quotes Adrian Ash, head of research at BullionVault, who says:

"The background noise of unpayable debts and zero interest rates has only grown louder [in 2012]. People buying physical gold with a chunk of their savings clearly think the financial risks of 2013 need insuring against."

You can read the full report at Bloomberg here...


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Source: 
Bloomberg